Kerry Group Boosts Buyback Strategy with Share Repurchase
Company Announcements

Kerry Group Boosts Buyback Strategy with Share Repurchase

Kerry Group plc (GB:KYGA) has released an update.

Kerry Group plc has repurchased 10,000 of its A ordinary shares on Euronext Dublin as part of its €300 million buyback program set to run until December 19, 2024. The shares were bought at a volume-weighted average price of €95.0750 and will be cancelled, reducing the total number of shares in circulation to 169,980,591. This strategic move aims to enhance shareholder value and optimize the company’s capital structure.

For further insights into GB:KYGA stock, check out TipRanks’ Stock Analysis page.

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